Faraday Future Intelligent Electric Inc. (FFIE) closed at $3.69 yesterday, a remarkable 51.85% increase from the previous day. Over the past 52 weeks, the stock has demonstrated extreme volatility, ranging from $0.9934 to an eye-popping $156.00. This kind of fluctuation often attracts both speculative traders and cautious skeptics alike. Despite this surge, FFIE remains off my investment radar for several reasons. Faraday Future Intelligent Electric Inc. (FFIE) 1. Poor Financial Performance One of the critical factors in my investment decisions is the financial health of a company. FFIE’s performance in terms of earnings per share (EPS) and net income does not inspire confidence. The company’s struggles to achieve profitability, coupled with unclear growth trajectories, raise red flags. Wi
After the Surge: Will FFIE Drop Back to Penny Stock?
On December 30th, Faraday Future announced that it would officially deliver a brand-new FF 91 2.0 Futurist Alliance electric vehicle to Mr. Luke Hans, a prominent entrepreneur and leader in the Los Angeles Chinese community, in mid-January 2025. ------------ Following the announcement, FFIE surged 78% but subsequently dropped by 22%. Is this the end of FFIE’s rally? Will it fall below $1? Would you consider buying FFIE at $1?
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